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25 January 2025 | 15 replies
I'm being required to pay another application fee and then $600 application fee to hopefully get this approved by the Board to allow me to continue running the STR that they approved 6+ months ago.
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1 February 2025 | 2 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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11 February 2025 | 5 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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28 January 2025 | 19 replies
She works a full time W-2 job and still helped me 4 weekends in a row.
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7 February 2025 | 11 replies
However my understanding is that exceptions can be made if unexpected life events happen such as job relocation, eminent domain, marriage, divorce, changes to family size, deployment, imprisonment, bankruptcy etc.
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22 January 2025 | 0 replies
Here’s how you can stay informed and ensure your rental properties meet all legal requirements.1.
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10 February 2025 | 6 replies
This is not even close to the documents required for a properly drafted loan.
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22 January 2025 | 56 replies
Jake may also shy away from the effort and vulnerability required to build a healthy relationship.
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25 January 2025 | 24 replies
Newer construction code requires better earthquake-proofing, but it's still aimed at preventing a building collapse rather than holding the value of the structure.About 15 years ago there was all the talk about "100 year homes" but I haven't seen much come of that.
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15 January 2025 | 12 replies
I’m trying to keep things moving, but this $20K requirement is throwing a wrench in my plans.